IEA

Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040

A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […]

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Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA

A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […]

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CEEW and IEA Report on Clean Energy Investment Trends 2019

The reduced risk perception of financiers funding renewable energy projects in India resulted in investments in the sector doubling over the last five years, according to a joint study released by the Council on Energy, Environment and Water (CEEW) and the International Energy Agency (IEA). The report – the 2019 ‘Clean Energy Investment Trends’ – was released […]

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After a Slow 2018, IEA Expects 200 GW of RE Additions in 2019

After stalling last year, capacity additions of renewable power are set to bounce back with a 12 percent growth rate in 2019 to reach nearly 200 GW, according to the IEA. After stalling last year, global capacity additions of renewable power are set to bounce back with double-digit growth in 2019, to reach nearly 200 […]

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IEA Announces $98 mn Wind Construction Project

Infrastructure and Energy Alternatives, Inc. (IEA) has announced a new wind energy project award valued at approximately USD 98 million. Infrastructure and Energy Alternatives, Inc. (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced a new wind energy project award valued at approximately USD 98 million. The award is for construction of the Milligan 1 Wind […]

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IEA Chief Calls on RK Singh to Discuss Clean Energy Transition

Dr. Fatih Birol, executive director of IEA called on R K Singh to discuss matters pertaining to the advancements in cleaner energy and transportation. Dr. Fatih Birol, Executive Director of the International Energy Agency (IEA) called on R K Singh, Union Minister of State for Power and New & Renewable Energy (IC) to discuss matters […]

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Investments in RE Doubled Over Last 5 Years, Surpass Coal in 2018: Report

According to a new report, investments in India’s renewable market doubled over the last five years. And at $20 billion in 2018, it surpassed coal. According to a new report, investments in India’s renewable energy market have doubled over the last five years. And at $20 billion in 2018, it surpassed the capital expenditure in […]

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Global Action Needed to Scale Up Hydrogen For a Clean & Secure Energy Future

The world has an important opportunity to tap into the vast potential of hydrogen to become a critical part of a more sustainable and secure energy future, the International Energy Agency (IEA) has revealed in a major new report. The in-depth study, which analyses hydrogen’s current state of play and offers guidance on its future […]

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Global Access to Electricity is Growing, but Falling Short of Sustainable Energy Goals

Despite significant progress in recent years, the world is falling short of meeting the global energy targets set in the United Nations Sustainable Development Goals (SDG) for 2030.  Ensuring affordable, reliable, sustainable and modern energy for all by 2030 remains possible but will require more sustained efforts, particularly to reach some of the world’s poorest […]

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